Pearse Doherty (Donegal South West, Sinn Fein)

Yesterday the Central Bank projected growth rates of 1.8% for 2012, which is significantly lower than the Government's projection of 2.5%. If the growth rate turns out at 1.8%, what will that mean in terms of an adjustment? Where will the €3.6 billion end up? I am glad the Minister continues to assume an adjustment of 8.6% because there is no sense in the €4 billion that others, including the leader of Fianna Fáil, Deputy Martin, have called for. What type of adjustment would be required if the Central Bank's projections are accurate?

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